08.10.2010 - Norway's Government Pension Fund-Global calls for more alternatives

From IPE: The governor of Norges Bank, the Norwegian central bank and the chief executive of Norges Bank Investment Management (NBIM), which manages the assets of Norway's Government Pension Fund-Global (GPFG), have written a letter to the ministry of finance outlining ways of improving the overall strategy of the fund by including less liquid asset classes such as private equity and infrastructure.
In the letter, Svein Gjedrem, the central bank's governor, and Yngve Slyngstad, head of NBIM, said the recent turmoil in financial markets might warrant a "fresh assessment" of the basis for the current rules..............................................Full Article: Source